![]() ![]() So you get pretty much a nice diversified blend, value and growth with companies that can really grow their cash. And with that cash flow, those companies are actually buying back stock, they're raising their dividends, in some cases doing both. That means they're doing pretty well in this environment. So with Cows also though, you do get Apple in there, Cisco, companies that have great cash flow. Again, I do believe some of that money will rotate into energy that's been off or rotate into banks, which has not been all that exciting as of late. And again, we've had such a red hot first half of the year with tech. Our strategic reserves are very, very low. KEN MAHONEY: Well, I always feel like there's some type of Saudi put or OPEC put, which anytime we get below $70 a barrel, here they come cutting a million here, a million there. ![]() What's the bull case there, especially with geopolitical risks like the ongoing Russia-Ukraine war? Now, this ETF has a lot of exposure in oil and energy. You also like Pacer US Cash Cows 100 ETF, ticker COWZ. But Palantir's looks like in good shape, a good way to play AI outside Nvidia, Microsoft, the obvious ones. ![]() We think it's exciting longer term once we get past this earnings season, because again, it could be sell the news. But we do think there's a little runway here to make some money. We don't like to hold a lot of positions overnight to earnings, example, Netflix and Tesla. Look, the runway, by the way, next month is the earnings. They hit a high yesterday at the open in 19, settling down around 17. They kind of did direct, so they kind of snubbed Wall Street a little bit, so they don't get all the love. They didn't go through investment backing. This doesn't really get all the buy ratings and strong buy ratings because the way they came public. KEN MAHONEY: So the catalyst is government contracts. Some on Wall Street are cautioning right now saying it's not the time to jump in, but you see more upside potential. Yes, it's been volatile, but it's up 170% since the start of the year. This is a stock that has had a massive run up. Ken, let's get right to it with your first pick, it jumped out to me, and that's Palantir. Video TranscriptĪLEXIS KEENAN: We want to bring back in Ken Mahoney, CEO of Mahoney Asset Management. Mahoney characterizes these negative stock performances as being "stuck in quicksand" to analysts after extensive losses, with the narrative compounded by negative news coverage. According to recent news reports, AT&T has been found to be using toxic lead in its cables. Verizon has fallen by 31% year-to-date, while AT&T fell by over 20%. On the sell-side of the trade, telecommunication companies AT&T and Verizon have declined at near identical patterns this year. ![]()
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